Jan. 18 (UPI) -- Benchmark oil prices climbed to their highest level in seven years on Tuesday amid disruptions to supplies caused by COVID-19 and attacks in the Middle East.
The price for Brent crude rose by 1.6% to nearly $88 per barrel, its highest mark since late 2014. The price for the U.S. crude benchmark, West Texas Intermediate, was up more than 2% to over $85 per barrel.